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he does not want spending caughts and i dare say he would be happy to see in reverses in government spending. so that does not jive with what the house is doing. >> that is a fair point. some critics say inside of the house conference there is a real fight. they want to take these bold stances on the ten year balanced budget so they can get some leverage to fund the government when it comes up for a vote in a couple of week. >> no, i think they are doing the lord's work. thank you very much. we have a couple of special guests to tell us more. democrat from vermont, shawn duffy, republican from wisconsin. to both of you gentlemen friends of this show i wish you a happy new year. mr. boehner attached a bublg et to this. >> there are no specific cuts. where in medicare or the pentagon are they going to cut? they have to specify that before you can have a serious conversation. i don't think members of congress should be playing with fiscal fire which is what we are doing when we use a tactic as a threat to plunge america into defought. i believe that republicans and democrats should den
. >> reporter: tonight as millions of americans worry about the government taking away their guns, this man, alex jones, is pushing a lot of buttons. >> and i'm here to tell you, 1776 will commence again if you try to take our firearms. we will not relinquish them. do you understand? >> reporter: when alex jones went on cnn's piers morgan to discuss gun control in the wake of the sandy hook massacre -- >> you're a hatchet man of the new world order. >> reporter: he created a sensation. this video went massively viral. >> you think you're a tough guy? have me back with a boxing ring in here. >> reporter: who is alex jones? >> we've got abc nightly news/"nightline" here. >> reporter: jones agreed to let us into his world for a day. >> we're just soldiers looking to cross each other on the picket line here. america has been captured. america has been robbed. we are now being looted like a third world nation. well, i'm not going to sit down and shut up. >> reporter: jones is arguably the nation's premier purveyor of what they call paranoia porn. >> i'm live in 30 seconds. >> reporter: out of hi
at all. i think this was an exercise in showing that the government and the bank of japan, the central bank are on the same page. they certainly delivered that. i think the fact that it's an open-ended asset purchase program, it was more than what the markets had been factoring in. i think the dollar/yen moves are sort of moving independently right now. and i think a lot of that has to do with the comments that we had from government saying, oh, we're not trying to manipulate the currency, which throws into question this competitive devaluation story they were banking on. instead of being explicit about that over the last couple of weeks, now they're going to have to be a little bit more implicit about that. but the man of the hour, mr. shiraka shirakawa, the bank of japan, here is what he had to say. >> translator: japan believes growth is important. we teamed up with the dwoft to strengthen our policies and work on this goal together as one. >> let's take a look at the technicals about this 2% inflation target. because at the same time today, the bank of japan is saying the price of
of u.s.- made products in the next 10 years. the government of japan joins the u.s. government in investigating boeing's 787 dreamliner. the probe is to uncover what caused two fuel leaks on two different dreamliners operated by japan airlines. japan's transport ministry said they opened the investigation because the two fuel leaks "occurred in succession." the faa says 787s are safe, but is conducting a comprehensive review to ensure no flaws are present. an end-of-the-year surge of consumer buying gave a lift to retail sales in december. retail sales rose .5%, which was higher than economists predicted and slightly better than the .4% rise in november. much of consumer spending came from people buying cars and trucks. overall last year, car companies had the best year since 2007. nissan's leaf will soon go for less. the automaker said this week that the new model of its battery-powered leaf will cost $6 thousand less than previous models. that cuts the price to around $28,800. nissan hopes the cost cutting will increase sales by around 20%. cadillac is giving drivers a chance
one, meaning 61 to form a government. mr. netanyahu in his usual groups of friends got many less than they were expected to. the exit polls put them at 61 seats, which makes you a very weak prime minister. now begins the horse trading, over the next coming week, we will see mr. netanyahu make a lot of tough choices. he promised the nationalistic party he won't make a peace deal with the palestinians, that loses the center left. does he promise the religious parties that he won't make members of the ultrareligious go to the military? that will hurt him with the center left who, want tax cuts and the help to the religious go down. when you have a narrow margin as a prime minister, historically, here, it means you are wake and not able to do anything significant in the knesset and we will be back to early elections, mr. netanyahu had had a very stable government. but like the united states, neil, israel is rocked by some severe economic problems here. there was a $10 billion budget deficit that was much more than expected. that has become a big issue. the rising cost of living here has b
the u.s. should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together we could take care of the elderly. together we can create a health care system for those who may not be able to afford it. very much discussing ways about how there should be some in society you don't have all or should not be some in society you have all at the expense of all others. he made and not to climate change, something that he had not necessarily highlighted or focused on in his first demonstration. moving forward in tackling debt and deficits, he did talk about tax reform. talk about slowing the growth of these expenses, but still no change in his governing philosophy, if not impassioned defense of his governing philosophy. we have heard from democrats and republicans not throughout the day calling f
changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was surprised. >> they owe you money. sue them. stuart: dagen and, oh, it is yours. dagen: on american. connell: i love peanut butter, myself. good morning, everybody. dagen: what will the president do to get america back to work. connell: president obama was unable to talk these guys. more importantly, can we keep this up? dagen: a key to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing mu
there's expected to be a lot of postturing about what type of government there will be for israel over the next four years. my colleague looks at what is on the ballot box today. >> israel's prime minister, benjamin netanyahu was cheery this morning as he arrives to vote. by the end of the day he will likely have something more to be chief about. the leader of the party is expected to come out on top and keep his job. but at jerusalem's main market the lack of suspense means there's little fever. they talk about israel being divided and disillusioned. most take it as a give than benjamin netanyahu will remain in office. >> if you ask me, nothing. no b.b., no nothing. >> security, never far from the minds of israelis is what many see as netanyahu's strength. but at least to win, he won't win alone. >> at the polling stations today, voters have a choice of more than 30 different parties that are competing for just 120 parliamentary seats. now israel has proportion nat representation and you don't have to be a genius to realize that we're going to end up with a coalition government. >> on
>> predictions, jean nas. >> the flu, try to sleep through most of it. since the government of don't allow opium. there's nyquil-- >> and based on how much i'm swatching streaming stuff on netflix, i think the stock is going to make a major move up. >> brenda: and jonas. >> it's bear. >> brenda: and today, prediction. >> go big on baltimore and the ravens. look at mccormick, the spice company, 50% in a year. >> brenda: gary b, spice unit for you? >> no, not, not at all. i don't like it. >> brenda: and tobin? >> don't get catfished for crying outloud. buy google, use google to get a picture and show who the person is. up 20%, don't be catfished. >> brenda: todd, bull or bear. >> i'm a bear, i like yahoo! they're gaining market share. >> brenda: you don't have to go on google. search for the best business block on tv because it continues in three, two, one. one... >> all right. the latest message from unions, kids, take a hike. is it any wonder some are telling union workers to do the same. welcome, i'm neil cavuto and fox on top of union barking the base, and new york city bus driv
are moving forward. they're diversified. it would be nice to see stated and local governments address the pension plans the way they did. >> absolutely. we'll check in with you later. >>> it's a big week for the defense industry as well, lockheed martin and northrup grumman report this week. jane is here for a preview. >> reporter: across the board for pretty much defense company, analysts are expecting a drop in earnings year over year, but jason gersky says don't expected to see a fiscal cliff impact. >> on the contrary, there's an opportunity for rates to out-perform expectations. that's because the d.o.d. was trying to get as many contracts done in the fourth quarter in anticipation of sequester potentially being implemented in early january. >> he and others expect flat demand from the defense department, but international growth looks good, international sales have higher margins. gursky likes lockheed martin and ratheon for their patriot systems which could be big in any iran/israel conflict. and he expects these companies to have 8% to 12% returns. will that continue? one othe
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been the government. lori: the bitter cold gripping the northwest. we will show you the metals. as we head to break. back after this. ♪ [ woman ] if you have the audacity to believe your financial advisor should focus on your long-term goals, not their short-term agenda. [ male announcer ] join the nearly 7 million investors who think like you do. face time and think time make a difference. at edward jones, it's how we make sense of investing. i had[ designer ]eeling enough of just covering up face time and think time make a difference. my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer through 6 months. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events, including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have
a decision because he is told that government will take over 60% of its income. is that fair for any californian to be faced with a decision like that? melissa: he also flirted with the idea of being part of a group that would bite into the padres. he is a hometown hero. somebody who means a lot to southern california. are you worried about your state in light of things like prosperity? >> we continue to see people leaving the state of california and there are better ways to raise revenue. one is by broadening our tax base by encouraging businesses to come to the state of california and expand here. that will solve our problems of increasing revenue. melissa: you talk about that the way you would encourage businesses to come would be to lower their tax rate. so, you know, it is quite the opposite of raising it. do you think you could ever get that done in california's current climate? >> not in our current climate we are not going to get it done. we need to cut government regulations. we need to give businesses incentives to be here. that in turn would bring revenue. melissa: you kno
. they gave to us a republic, a government of and by and for the people, entrusting each generation to keep safe our founding creed. for more of the 200 years we have had. we have learned that no union founded on the principles of liberty and equality could survive half buried. we made ourselves a new and we vowed to move forward together. together we determined that a modern economy requires railroads and highways to see travel and commerce. schools and colleges to train our workers. together we discovered that a free market only works with your competition and fair play. together we resolve that a great nation must care for it the vulnerable and protect its people from life's worst hazards and misfortunes. to it all, we have never relinquished our skepticism of central authority. nor have we succumb to the fictions that ills can be cured through government alone. our celebration of a nation, and enterprise, our insistence on hard work and personal responsibility. these are constant in our character. we have always understood that when times change, so we do too. fidelity to our founding p
you now have the nra arguing -- >> for larger government. >> for larger federal government, putting armed people like government troops into schools. as opposed to leaving them -- >> the nra came out with a proposal to put guards in schools, everybody from the president's party dumped on them. they went after them hammer and tongs. >> that ad is specific to the president. that ad is specific to the president. it's not about democrats -- >> let me just push back -- >> and the president did not state that. it's just a lie. >> let me just push back on that just to play devil's advocate here. if at elite schools they have private security and armed guards, what is wrong with at public schools having armed guards? >> and why not pay for it? >> right. so if you want -- if you're arguing for that massive expansion of government, what that would require, right, and we're in a budget -- >> it's not massive. >> it is massive. >> we're just hypothetically talking. >> they wouldn't even pay for the couple million that was in a safe school program. they cut that down to zero. and now they're bas
. of course, the quester and the -- the continuing resolution to fund the government, but you're hearing some of both parties saying they might even accept the sequester. some of the stakes appear to be fading from these disagreements that paralyzed washington at the end of last year. >> when i heard this original deal profrksd i thought it was on the condition that the senate eventually congress had to actually pass a budget finally. >> that's still on the table. >> that is still on the table. a little bit less clear is the fate of the idea that somehow pay would be suspended for members of congress if they don't pass a budget. >> right. >> there are questions about the constitutionality of that provision, but the entire provision is to try to force the senate to force a pass a budget, and the senate intends to do that. >> that's significant because it's written within the law that when you pass the budget the debt ceiling automatically gets raised and then you don't even have to have this discussion at all. even before the debt fight was pushed off in the spring the equity markets were off
and litigious. and it has a history of infiltrating the government and spying on people. and so it has created an atmosphere of fear that surrounds it. >> in the 1970s, the church launched a massive espionage effort called operation snow white because the church believed the government was collecting information damaging to the church. fall ollowing an five raid, 11 scientologies, including hubbard's wife, were convicted of entering numerous agencies and stealing documents. does this concern you, this conversation? >> of course it does. this is incredibly stupid. these are not people you want to mess with. >> the church has labeled haggis the hypocrite of hollywood and says he has not been an active member for years. while haggis says in retrospect, he was never a true believer, he did tell us utgoing clear, where a person clears his mind of negative influences before becoming what scientologies become an operating thing, or ot, the equivalent of an immortal soul. >> you would simply say me. >> there are many levels of spiritual enlightenment in scientolo scientology. >> i went to the top. >>
government budget balancing is hurting employment and will probably lead to more job losses in the near future. >> all right. let's take a look at the markets this morning. markets have been sitting at these record levels. you can see right now those dow futures pulling down by about 12 points. s&p futures are indicated slightly lower, as well. but the nasdaq is indicated higher. the dow jones transport sitting at an all-time high. other markets sitting at five-year highs. the big question is whether the dow jones industrial average follows suit. you're a huge transport. >> yeah, i am. that's all all-time highs. >> all-time high. oil prices, you can take a look. you'll see right now is down by about 2 cents to 95.54. the ten-year note that had been coming down the yields last week a little bit, you can see the yield right now is at 1.877%. the dollar this morning after the euro picked up strength last week, the dollar is stronger against the euro and the yen and the pound. right now, dollar/yen is at 88.79. gold prices this morning up about $5.80. $1,6933. >>> german chancellor angela m
of the facility in eastern algeria that simon referenced. neither b.p. or stat oil, nor the u.k. government nor the u.s. government able to provide any clarity about the state of that on peril rags. there are conflicting reports about casualties. b.p. along with other energy companies in the country are moving nonessential employees from algeria. once again, in the last hour the white house strongly condemning the attack on the plant and the white house spokesperson saying president obama is being briefed regularly on the situation. they would not provide any clarity about whether or not there are u.s. drones over algeria at this point. to give you the background, a group connected to al qaeda has claimed responsibility for this attack. they said it is in retaliation for fran's moving into mali. they tried to put a stop to islamic militants trying to take over that country. >> michelle, the earlier reports i saw in the associated press, news source, there were multiple fatalities, maybe as many as 35 among the whose stages. that is now an unreliable report, right? >> absolutely. at this point n
says the government has begun borrowing from the federal employee pension fund now to keep operating without surpassing its debt limit. these are some of the steps they can take. in a letter to congressional leaders, geithner says the move will free up $156 billion in borrowing authority. we've gone through that this morning. the action has been taken by other treasury secretaries and will not put in jeopardy any monthly pension payments. that's not a lot sounds like a lot. >> not a lot at all. >> fay back later. >>> the house approved $50.5 billion in long-delayed federal disaster aid to the victims of superstorm sandy yesterday by a vote of 241-180. the senate is expected to pass it. the house approved the aid in two parts. $17 billion in funds to cover immediate disaster relief. $33.5 billion in longer term reconstruction funds. >>> big day today as far as birthdays. maybe you're not aware of this -- especially it's appropriate today that it's this gentleman's birthday. >> who? >> whose birthday? >> his 112th birthday. >> google like some -- >> who's that? >> oh, we're going to ha
to strategize on how to rein in government spending. connell: rich edson with all the details. rich: a very busy legislative day. they are dealing with this handy appropriation bill. republicans are discussing a number of different options. there is a major house republicans of that. their annual retreat takes place on wednesday. >> when does this budget balance? here is when the budget gets to balance if we adhere to these cuts. rich: republicans trying to figure out their opening position on the debt ceiling. democrats and the white house have already come out with theirs. president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all
governments say the algerian army is trying to take control of the compound but the company has no confirmation of hostages being released or casualties. >> we have breaking news from a chemical explosion on the uc davis campus has injured one person. police say a junior researcher was injured this morning in a small explosion inside an apartment on campus. several units have been evacuated. investigators found chemicals in one unit. police say they do not know what the researcher was doing. new this morning, a blow to boeing airlines that fly the new boeing 787 dreamliner which were grounded overnight. they had to scramble to rebook thousands. unite was the only carrier in the united states to book the plane, airlines in india, and qatar, and japan and ethiopia have grounded the jets. the dreamliners were ground over flaws that could cause fires. officials are investigating battery-related problems following the emergency landing of an ana dreamliner in japan on tuesday. now the airline has put on hold the service to san jose that launched only last week. >> it is one of the mo
and cigarettes. b.p. said in a statement that the british and algerian governments say the algerian army is trying to take control of the compound but the company has no confirmation of hostages being released or casualties. >> we have breaking news from a chemical explosion on the uc davis campus has injured one person. police say a junior researcher was injured this morning in a small explosion inside an apartment on campus. several units have been evacuated. investigators found chemicals in one unit. police say they do not know what the researcher was doing. new this morning, a blow to boeing airlines that fly the new boeing 787 dreamliner which were grounded overnight. they had to scramble to rebook thousands. unite was the only carrier in the united states to book the plane, airlines in india, and qatar, and japan and ethiopia have grounded the jets. the dreamliners were ground over flaws that could cause fires. officials are investigating battery-related problems following the emergency landing of an ana dreamliner in japan on tuesday. now the airline has put on hold the service to
of country, but not the government. >> after a three-year absence the maverick surf competition is back. today is the day surfers from all over the world come here to tackle the waves. a surf advisory is still in effect. that could mean some major waves. abc7 news reporter sergio has the details. >> photographer kevin harrington caught some great shots of surfers out testing the waters in preparation for tomorrow's mavericks competition but getting the shots was an adventure. >> we thought were going to be trashed by one of these huge waves because they were just coming way up over your head and the boat just tips over. it's scary. >> they were aboard john lynch's boat. he will be part of the surf patrol this year. >> being so close to the waves and the brakes and feeling the power and watching these guys. it's an incredible -- it's an incredible sport. you have to have some real guts to get out there and do what these guys are doing. >> the organizer of mavericks, jeff clark, was his guide. he was briefing the surfers who will be surfing what is expected to be 30-foot waves. mavericks
a strong defense of government saying that, quote, preserving our individual freedoms ultimately requires collective action. take a listen. >> the american people can no more meet the demands of today's world by acting alone than the american soldiers could have met the forces of fascism and communism with militias. or build the roads and networks and research labs that will bring new jobs and businesses to our shores. now, more than ever we must do these things together as one nation and one people. peter: the president also did however discuss revamping the tax code, reducing healthcare spending, trying to reduce deficits, but acknowledging the realities of divided government, said, quote, today's victories will only be partial. cheryl? cheryl: peter barnes of course standing by at the white house, big day in d.c., cold day as well. peter thank you. well, while most of the markets are closed today, money is still moving. now is your chance to make money on currencies. joining me now for a fox business exclusive interview is forex.com senior currency strategist. welcome. currency markets
oprah and why the federal government is paying such close attention. >> traffic and weather are next together on the abc7 only news. here is the san mateo bridge, traffic is moving fine. it is clear. it is cold. mike nicco will have the full accweather forecast and the commute in the abc7 traffic center. >> also ahead, how low can it go, the new decline for apple stock and the investor fear leading to thehañbñ >> welcome back, the latest temperatures are in and san francisco is the warm spot at 41. 38 at oakland. 39 in fremont. 36 at half moon bay. 34 at mountain view and everyone else is freezing or below. 33 in san jose. there is frost this morning. the wind is either six miles per hour or calm. we do not have the stirring of the atmosphere. in the afternoon, low-to-mid 50's, and 57 in oakland and 58 in santa rosa and low 60's for everyone open thursday -- on thursday and friday. >> the capitol corridor train shows major delay system-wide because of this ongoing investigation of the fire in crockett. that is not blocking the tracks but early fire crews were blocking the tracks.
and some customers give it the thumbs up. it was a plan initiated to make government information more easy to access. he hopes it will improve them and when how customers rate it, you really can't say how it is rated. >> especially restaurants. people are picky about what goes in their food and who is around there so it may make people feel more comfortable about eating it. >> reporter: here in san francisco, restaurant lobbyists defeated that plan but those who secured a ratings and the number of food born illnesses went down. they will be rated on a 100 point scale and the mayor will making an announcement where he serves as the chair of technology and innovation. >> he is putting pressure on congress and the president unveiled his proposals yesterday aimed at reducing gun violence. analysts say it will be tough getting any gun control legislation through and they are demanding action. >> what is more important, doing whatever it takes to get an "a" grade or giving parents some peace of mind when they drop their child off for first grade. >> among other actions the president is urging co
ratings for corporate debt issues. >> tom: it really focuses on the firm's ability to rate government securities and government asset back securities. we spoke with sean egan when the s.e.c. first levied these charges last april. the agency, sean, isn't calling into question your ratings. instead, it's talking about your application itself. what about the information on that application? >> that is the issue, and, according to the s.e.c., we think it's a paperwork issue that we... i was responsible for filling out that form. i filled it out in accordance with our lawyers' guidance. they said, "fill it out as honestly and accurately as possible," and i did. if i had to fill it out again today, i would do exactly the same thing. >> susie: it will be interesting if he really thinks that today in january. unfortunately, egan was not available for comment tonight. >> tom: we have an invitation to him, however, on this first trading day on this shortened trading day. stocks began the shortened trading week by adding to recent gains. the s&p 500 didn't manage to pull itself into positive ter
white, because the church believed the government was collecting information damaging to the church. following an fbi raid, 11 scientologists, including hubbard's wife, were convicted of infiltrating numerous government agencies and stealing documents. does this concern you, our having this conversation right now? >> yes, of course it does. it's insanity. this is incredibly stupid. these are not people you want to mess with. >> reporter: for his heresy, the church has labeled paul the hypocrite of hollywood and says he's not been an active member for years. while paul says in retrospect he was never a true believer, he did tell us about "going clear" where a person clears his mind of negative influences before becoming what scientologists called an operating thetan, the equivalent of an immortal soul. >> it isn't something you have. you'd simply say, me. >> reporter: there are many levels of spiritual enlightenment in scientology -- >> i went to the top. >> reporter: you went to the top? >> ot 7. >> reporter: that was the top in the '70s. but by that time, paul says he was having se
algerian workers escaped. as many as 41 workers were seized. algeria's government were in talks overnight about whether international forces could help against the militants. >>> when we come back, find out if your employer made the cut of the best employers to work for. before that, take a look at yesterday's winners and losers. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with a
and renewal this time around, but is the government broken? the whole system. and what can we do to fix it? people want washington and its politicians to work together. the politicians as yet have not been a i believe to figure out how to do that. but, you know, inaugural speeches can sometimes change the mood. you heard fdr, the only thing we have to fear. i remember when gerald ford said our long national nightmare is over. jack kennedy, ask not what you can do for your country. difference in how the nation feels about itself and about what's going on. i would say this. if there was a time when this country needed to hear a good speech and wanted to hear a good one, i think this would be the time. so let's hope we get a good one. >> of course, there was lincoln's second inaugural where he talked about the wounds of the nation. we know that the president has been working on this president for weeks and major garrett, our chief white house correspondent, is at the white house this morning with a little bit of insight on what we might hear today. >> well, good morning, scott. those closest
. >> as indicated the federal government considered aaron schwartz a thief, for allegedly down loading academic paper was out permission. a case many believe led to his suicide. his robin hood like advocacy had strong bay area influences. >> schwartz gave a lecture last may. >> if we've lost the ability to communicate over the internet it could be a changed bill of rights, freedoms guaranteed in the constitution he dropped out of stanford but maintained a close friendship with lessic whoççí[ spoke about him today he was going to -- an incredible soul who inspired millions who,( now weep as we've seen a crossek:÷ e internet in outrage and devastation that he would have been driven to the cliff that he stepped over. >> the cliff was felony charges by the'z. swr justice department when he down loaded research papers at m.i.t.. cindy cohen met him six or seven years ago. >> he found a bunch of kindred souls. he first hooked up with cory was here, it's a testament to the movement. it's now all over the country. >> now, his web site is filled with testimonials calling him a hero. >> there is a
, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family which is trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effective way to improve your credit rating. >> the metaphors, jim, whether it's a family not paying the credit card bills, the president saying it's like dining and dashing at a restaurant, the only thing is we've got two weeks of respite and then we're off to the races again. >> after the civil war, there was tremendous partisanship in this country. a tumultuous time. the level of bipartisanship. there's such hatred that you can't get in a room. it never seems like obama gets in the room. biden got in the room beforehand. but look, everybody hates each other down there. it's exactly the opposite of what you would expect from a respected nation. it makes us look mickey mouse. i don't blame fitch. look, we have to pay bills, the constitution says it, but everybody doesn't seem
, but not the government. >>> and yesterday young women were invited to write letters to victims of tragedy. it was sponsored by the girls rock girls leadership sandy. they wrotelers to those from the elementary school sandy hook shooting. one was particularly affected. >> i don't like it that they killed so many people and he just want to stop the violence that was happening in the schools and to keep the schools safe. and the homes. >> the letters will be published in a book to be sent to both groups. >>> well, after a three-year absence, maverick surf competition is back. today is the day surfers from all over the world come here to tackle the waves. a surf advisory is still in effect. that could mean some major waves. abc7 news reporter sergio has the details. >> photographer kevin harrington caught some great shots of surfers out testing the waters in preparation for tomorrow's mavericks competition but getting the shots was an adventure. >> we were going to be trashed by one of these huge waves because they were just coming way up over your head and the boat just tips over. it's scary
. the latest word from the algerian government is that during the battle... militants killed seven fore militants also d >>> and the algerian government is showing you that they killed the foreign hostages. 11 militants also died. it's not clear if the stand off is over yet. now, one out of 12 other hostages killed was an american man from texas. some who escaped said that they trapped themselves with the explosives. >>> the house republican leaders would like to vote on a three-month extension of the debt limit. that measure would require that both the house and the senate, that they passed a budget or go without paying. a short-term extension will be a new strategy to force the government spending and a departure from the republicans and the earlier position that any increase, they must involve the cuts of the same size. it comes after they told congress that they could not remove the deadline to install that there. as we have been talking about another chilly morning here, brian. >> yes, indeed. it looks as if, you know, there will be a little bi
. not even just those in government can tackle these big challenges. all americans have to be involved if we're going to move beyond what's paralyzed this town for so long and make some progress. >> he'll try to recapture the spirit of bipartisanship? >> he will and, look. i think it's a real challenge to everybody in this country, to lay aside their partisanship and try to make some real progress for the country. and, look charlie, it's not as if we're going to solve the really big issues or the really big div we can if we sit down long enough work together and talk together and make some progress on the issues we face. >> i heard from some of my sources the president finished his speech relatively early on saturday. exclusively they're writing at the very last minute of these inaugural addresses. what's different this year? >> i think he feels very comfortable with what he's got, very at ease with what he wants to say, and understands the moment he and the country are in, and is anxious to get started. >> let's talk about the second term because one of the
his predecessors, the president says he is most inspired by president lincoln. >> that government of the people, by the people, for the people shall not perish from the earth. >> reporter: in november, mr. obama screened steven spielberg's movie "lincoln" at the white house theater. sources tell me, ever since, he's been quoting it around the west wing. >> lincoln is the patheosis of a uniter. >> reporter: and look for an acknowledgement of dr. martin luther king's vision on the day we honor the civil rights leader, a coincidence of timing that's not lost on the nation's first african american president. now, the speech was finalized over the weekend, but the president often makes final word changes up to the very end, and this time was no exception. i'm told that he made tweaks this morning, in fact. the president, i'm told, will speak for under 20 minutes. by reading prior inaugural addresses, he decided the shorter, the better. his last address was just over 18 minutes. his favorite two past inaugurals were kennedy's, which ran just under 14 minutes, and, of course, lincoln's s
possible in a form of government that is of and by and for the people. >> reporter: in his inaugural address he intends to operate more boldly in his second term. he put aside calls for bipartisanship and sent republicans a message, the election was an affirmation of his view of government. >> the commitments we make to each other through medicare and medicaid and social security, these things do not zap our initiative. they strengthen us. they do not make us a nation of takers. they free us to take the risks that make this country great. >> reporter: and as the white house and republicans prepare to debate ways to cut the deficit, he was adam ant. >> we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. >> reporter: in his speech mr. obama called on the nation to respond to climate change an issue he's hardly mentioned in recent years and on the birthday of dr. martin luther king jr. he equated the struggle for gay rights with the struggle for civil r
inspection stores will be put on yelp thanks to mayor lee. he wants to make government information more accessible to the public. >> i think it's great. i think it will help us as customers, you know, feel confident that we're eating good, healthy food and it will help the businesses be more on point. >> reporter: workers at a restaurant in the sunset district think the plan is a good one. a win-win. >> then people can see how high, you know, restaurant ratings are and how clean they are and we'll come to them and other places will see this and will clean themselves up. >> reporter: in los angeles, restaurants receive grade cards from los angeles. but here in san francisco restaurant lobbyists defeated the plan. but those eatery the made more money and the number of food- borne illnesses went down. >> people are really picky about what goes in. it makes people feel more comfortable eating. >> reporter: philadelphia and new york city will soon follow. other services that provide restaurant listings like google and citysearch could follow suit. in san francisco, tara moriarty, ktvu channe
the next decade. the first segment in california runs from merced to fresno. >>> the government is granting california $674 million to help build an online insurance market place. the program is called cover california. it is designed to help individuals compare and choose the right health plans. it will help the state comply with the headquarter re-- healthcare reform law. >>> we have new develops about goobal play -- google play apps. according to change.org google dropped the apps. they collected 10,000 signatures urging google to stop offering the apps for download. they alter pictures to make the person look a certain ethnicity. >>> coming up after the break a school fight draws hundreds of students into the streets, what the principal did that is upsetting students. >> this plane is carrying precious cargo for the san francisco giants. the treatment that wasn't for the players. >> relief from the cold, warmer weather returntuse the bay area -- returns to the bay area today. how temperatures will climb over the next few days. >>> new at 6:00 p.m., four students arrested and now the pri
would prevent a first ever government default. cbs reporter susan mcginnis tells us how the deal was reached. >> reporter: they had their dance and taken a moment to savor the scene. now it's time to get back to work. in his inaugural speech, the president called on both parties not to let politics get in the way of governing. >> we must act knowing our work will be imperfect, we must act knowing that today's victories will be only partial. >> reporter: republicans are offering a compromise on the debt ceiling, house g.o.p. members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling is raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. we realize the president won the election. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a d
that horrible, evil devilish public option? fought so horribly against because it was a government takeover of healthcare. that would have set some standards so we would know what things cost. >> shocking no one else has opted for the american system. >> stephanie: he says there's no excuse for these kind of prices. anybody who charges prices like that deserves a little quality time with my cat. >> live that he's got a cat that bit him like that. he's gotta learn how to set the cat on -- >> stephanie: the root of the healthcare problem cats, clearly. cat people. all right honey. thank you. see you at the top of the hour. >> my pleasure. >> stephanie: there she goes. [ applause ] >> stephanie: jacki schechner. okay. let's go to carol in michigan. hi darryl. >> caller: hey, love the show. >> stephanie: thank you. >> caller: i just can't get enough of you. >> stephanie: me neither. >> caller: i'm hoping to find a radio station to listen to you. i'll get to my point real quick. the english language is beautiful. words have meaning. i hate the word gun control. there is no control. gun regulatio
the debt ceiling, which congress has to do periodically gives the government the ability to pay its existing bills. it doesn't create new spending or new government. so simply paying the -- not the most effective way to improve your credit rating. >> bernanke was speaking at the university of michigan. he gave no clear hints on what the fed could curve its aggressive bond purchases. on the economic agenda today, we had a number of key data points. coming at 8:30 eastern, we're getting retail sales, the producer price index. at 10:00, we have business inventories the. a lot of different numbers to roll through and assess this morning. >> and we have a new poll of small businesses finds a large majority of owners believe washington has become more hostile towards free enterprise in recent years. stop the presses. the survey was conducted on behalf of the job creator's alliance. a quarter of the respondents volunteered taxes as the most important issues facing american small businesses and that's double the response for any other issue. the next two were government and relagz. in other
the first. activists filed a lawsuit to overturn it. they argue that the government order violates their first amendment right to express their political views. the judge stated that it will take more than that to just be naked to make a point. >> if we are going on to vote or more for a story with lance armstrong he stated that he used a variety of enhancement drugs to windows titles. he refused answer when oprah want to know whether not his former teammates wife was telling the truth when she said that in 1996 she heard him tell his doctor that he was doping perry ed he also admitted that he was a boy. bully. >> if i did not like what i heard or someone was being disloyal or a friend turned on me i tried to control it. that is a lie, they are liars. >> he was stripped of his titles and his olympic medal that he won in 2000. he is also facing other numerous lawsuits. >> let's take a look at the stocks. the dow is not doing much but it is on the positive side. they're up by three points. 13,599. >> we will take a break. here is a shot from the golden gate bridge. above it looks pre
support universal background checks. gun registrations, registration files that the government can follow, the sales of guns is up to 65%, 70%. before newtown and even a week or two after newtown more americans were against banning assault weapons than were for banning assault weapons. now a month later you actually is that becoming a 60/40 issue. the numbers haven't looked like this in decades. they didn't look like this after columbine. they didn't look like this even after the '94 bill was passed. i think there's great opportunities politically now and the only question is whether my republican party, especially in the house of representatives is going to recognize the political reality before them and realize that newtown changed everything. >> rose: and what did it change for you? >> y know, i got elected in '94 and i'm sure you remember, charlie, in 1993 you had waco, you also had ruby ridge, you had a couple of incidences, tragedies, that really inflamed the right and made gun ownership far more symbolic. for me, though, over the past year it wasn't just newtown, though newtown was
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